You got that right. I live here in Appalachia Tennessee. One of my distant relatives is Robert E. Lee. With all that being said, skin color doesn't mean jack to me. It's a man's accomplishments and actions.

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He's not a lawyer. Hence he actually accomplished something and would make an excellent president IMO.

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So much for all those hedge funds doing the buy and hold with commodities.

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Price hit my daily pivot and was strongly rejected. Did not expect that much rejection.

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Nice. I see we got in about the same time using two different systems. I went short at 1.3858 at 0900.

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Excellent. As soon as I can figure how much of my charts I can post I will. Problem is it's a proprietary system and I'm limited to what I can post.

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Putting this disclaimer here for all future posts: Everything i say is of my own opinion. Since I am wrong on occasion (sometimes more often than I like to admit) take all with a grain of salt. Price is just now breaking through a fairly strong ...

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How I see this, is that as long as the item is available for purchase and is still an included part of the calculation, it is counted. The not connected to purchasing is that the product doesn't necesarily need to purchased, it just has to be ...

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CPI reflects the price of the product, not whether or not they are being purchased. Another thing with CPI, especially the core CPI, is that the most volatile components are not included, i.e., food and energy.

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Your welcome PT. I myself wondered about this many times in the past. Once I figured it out a few years ago, I basically gave little attention to CPI. But as you notice the politicians and talking head 'experts' hardly ever mention PPI, as it's not ...

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Why PPI is not reflected in CPI — There were a few questioning why the increase in PPI was not reflected in CPI. Here is the Bureau of Labor Statistics (BLS) explanation of how they differ url The bottom line is the CPI is used for wage ...

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Warms my heart to share some space with a fellow paratrooper. I was in the 82nd back in the late 70s and early 80s.

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Correct you are. I do keep up, to a certain degree, with fundamentals, but I try not to overload myself with too much. An example of losing focus on the fundamental-news side was last week with the secon ( or was it third ) Slovakia vote. I had ...

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I'm not saying disregard fundamentals for those who use it. If you do use fundamentals, you should know your sources and stick with those and not be distracted by all the myriad analysts and analysis out there. My system, for example, does not use ...

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The best way to deal with all this kind of 'news' is to trade your system and not be distracted by all of this.

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Price has failed to break the H2 support so far is allowing the M30 to start into consolidation. This may take it into a slider at best, reversal at worst. Price could easily move back to the 3830/40 area. But I'm thinking 3800 should hold (no ...

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This is good stuff and good advice. Since I don't hold trades for more than a few hours I take them when my system says, whether short or long. At 3 to 5 standard lots per trade, all you need is 40 or 50 pips a day. Everything else is gravy.

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PT, I am enjoying your thread very much. This is the best thread on FF. Very thoughtful and insightful observations from all the participants. I have to agree with you in looking for shorts at this time. My charts are showing downtrend on both ...

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That's because I use the swap time of 1700 ET. Everyone else uses what ever their MT4 broker gives as the new day. Again that is the problem with MT4 brokers.

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That's the problem with MT4 brokers. The actual time for daily pivots should be at 1700 ET (New York) when the swap is done. PP: 3737 R1: 3890 S1: 3640

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